Commodity Strategies Fund | BCSKX

Filter list by keyword Show More Show Less to of Total Sorry, no data available.

NAV as of Jun 20, 2025 $9.47
52 WK: 8.16 - 9.52
1 Day NAV Change as of Jun 20, 2025 -0.05 (-0.53%)
NAV Total Return as of Jun 20, 2025 YTD: 13.96%
NEUTRAL

Fees as stated in the prospectus Expense Ratio: 0.77%
Net Expense Ratio: 0.67%

Overview

Investment Approach

Invests in two strategies, approximately equally. One strategy focuses on commodity-linked derivatives, the other focuses on equity investments in commodity-related companies, including mining, energy and agricultural companies.

Next: Previous:

Performance

Returns

	1y	3y	5y	10y
Total Return (%)	10.79	0.60	15.83	4.96
Benchmark (%)	12.28	-0.77	14.51	2.77
Morningstar Category Avg. (%)	8.97	0.12	16.28	3.63
Morningstar Ranking	53/105	27/96	48/90	-
Morningstar Quartile	2	2	3	1
Lipper Ranking	50/105	26/97	48/92	-
Lipper Quartile	2	2	3	-

Performance data is not currently available

	YTD	1m	3m	1y	3y	5y	10y
Total Return (%)	9.03	3.31	9.03	10.79	1.82	108.48	62.24
Benchmark (%)	8.88	3.93	8.88	12.28	-2.30	96.92	31.46
Morningstar Category Avg. (%)	7.25	3.61	7.25	8.97	0.36	112.54	42.87

Performance data is not currently available

	2020	2021	2022	2023	2024
Total Return (%)	6.85	22.48	12.13	-4.27	4.46
Benchmark (%)	-3.12	27.11	16.09	-7.91	5.38
Morningstar Category Avg. (%)	-3.09	29.74	15.74	-5.56	5.84

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Click here for Distribution data

Key Facts

Size of Fund (Millions)

as of Jun 20, 2025

$656.4 M

Share Class launch date

Jan 25, 2018

Benchmark Index

Bloomberg Commodity Index Total Return

Morningstar Category

Commodities Broad Basket

CUSIP

09258N273

Open to New Investors

No

Size of Class (Millions)

as of Jun 20, 2025

$119.5 M

Asset Class

Commodity

Distribution Frequency

Annual

Lipper Classification

Commodities General

Max Offer Price

as of Jun 20, 2025

$9.47

Turnover Percent in the Annual Report

as of May 31, 2024

53.00%

Portfolio Characteristics

P/E Ratio

as of May 30, 2025

20.11

Alpha (3y)

as of May 31, 2025

0.35

R-Squared (3y)

as of May 31, 2025

72.04

Beta (3y)

as of May 31, 2025

0.95

Best 3-Month Return Over the Last 3 Years

3 months ending May 31, 2024

12.42%

P/B Ratio

as of May 30, 2025

1.76

Average Market Cap (Millions)

as of -

-

Fund Standard Deviation (3y)

as of May 31, 2025

14.13

Effective Duration

as of May 30, 2025

0.11 yrs

Worst 3-Month Return Over the Last 3 Years

3 months ending Aug 31, 2022

-10.26%

This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Fees

as of current prospectus

Gross Expense Ratio	0.77%
Net Expense Ratio	0.67%

Net Expense Ratio excluding Investment Related Expenses is 0.67%

Acquired Fund Fees and Expenses 0.00%
Interest expense 0.00%

Ratings

Lipper Leader

Lipper Leader Ratings

Consistent Return

Expense

Preservation

Tax Efficiency

Total Return

Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of May 31, 2025 out of 97, 12,196, 96, 128 and 97 Funds, respectively in Lipper's Commodities General classification.

Holdings

as of Apr 30, 2025

Name	Weight (%)
NUTRIEN LTD	4.85
CORTEVA INC	3.45
EXXON MOBIL CORP	2.40
GRAPHIC PACKAGING HOLDING CO	1.69
AGNICO EAGLE MINES LTD (ONTARIO)	1.62

Name	Weight (%)
SMURFIT WESTROCK PLC	1.57
PACKAGING CORP OF AMERICA	1.36
UPM-KYMMENE OYJ	1.29
KINROSS GOLD CORP	1.28
NEWMONT CORPORATION	1.28

Custom Columns

Name
Market Value
Weight (%)
Shares

Name	Market Value	Weight (%)	Shares
TREASURY BILL	$301,874,619.25	48.50	305,000,000.00
NUTRIEN LTD	$27,556,738.78	4.43	466,826.00
CORTEVA INC	$21,652,976.40	3.48	305,833.00
EXXON MOBIL CORP	$15,232,470.00	2.45	148,900.00
SMURFIT WESTROCK PLC	$13,087,306.54	2.10	302,038.00
PACKAGING CORP OF AMERICA	$9,945,357.45	1.60	51,485.00
AGNICO EAGLE MINES LTD	$9,817,148.84	1.58	83,440.00
GRAPHIC PACKAGING HOLDING	$8,170,049.58	1.31	367,689.00
SHELL PLC	$8,120,865.99	1.30	245,843.00
USD CASH	$7,900,545.06	1.27	7,900,545.00

1 to 10 of 198

Previous1 2 3 4 5…20Next

Detailed Holdings and Analytics

Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.